You didn't even read the post you're responding to, right?

On Tue, Jan 13, 2009 at 10:05 AM, Jacob <[email protected]> wrote:

>  Hmmm… borrow money at 19.9% interest from the credit card to invest in
> the market in 2008 which lost 30%... yea!  Great plan!  Where do I sign up?
> :-P
>
>
>
> *From:* Steve Ens [mailto:[email protected]]
> *Sent:* Monday, January 12, 2009 12:47 PM
> *To:* NT System Admin Issues
> *Subject:* Re: Would this be good for IT, or what? (UNCLASSIFIED)
>
>
>
> I disagree...I think borrowing to invest is good debt...that is a golden
> rule of investing, like buying a house to rent out, or borrowing money to
> invest in tax deductible investments that will pay for your retirement.  Not
> a bad thing at all, as long you minimize your interest and use "common
> sense".
>
> On Mon, Jan 12, 2009 at 2:40 PM, Micheal Espinola Jr <
> [email protected]> wrote:
>
> +1.
>
> No debt is ever "good debt". That is the banking/credit industry
> fooling you.  Everything they do is to make money.  Not to give you
> anything for free *ever*.
>
> Points?  Cash back?  Stop fooling yourself.
>
> --
> ME2
>
>
>
>
> On Mon, Jan 12, 2009 at 3:15 PM, Jim Majorowicz <[email protected]>
> wrote:
> > That last sentence is exactly what got this country into this mess.
> >
> >
> >
>
> > From: David Mazzaccaro [mailto:[email protected]]
>
> > Sent: Monday, January 12, 2009 11:28 AM
>
> > To: NT System Admin Issues
> > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)
> >
> >
> >
> > Some debt is good debt.
> >
> > For taxes, you do get to deduct the interest on your mortgage...if you
> pay
> > off your house, you lose that deduction.
> >
> > Additionally, you now have hundreds of thousands of dollars sitting idle
> in
> > your house that you can do nothing with (until you sell it).
> >
> >
> >
> >
> >
> >
> >
> > ________________________________
> >
> > From: Webster [mailto:[email protected]]
> > Sent: Monday, January 12, 2009 1:59 PM
> > To: NT System Admin Issues
> > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)
> >
> > Yes.  But we moved to TN back in August and have a mortgage again. L  I
> am
> > working on paying it off as fast as possible.
> >
> >
> >
> >
> >
> > Webster
> >
> >
> >
> > From: Jacob [mailto:[email protected]]
> > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)
> >
> >
> >
> > Wow.. did that include the mortgage?
> >
> >
> >
> > From: Webster [mailto:[email protected]]
> > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)
> >
> >
> >
> > +6 for Dave Ramsey.  Paid off $197,000 in debt in 4.5 yrs.
> >
> >
> >
> >
> >
> > Webster
> >
> >
> >
> > From: David Lum [mailto:[email protected]]
> > Subject: RE: Would this be good for IT, or what? (UNCLASSIFIED)
> >
> >
> >
> > +1 times ten!
> >
> >
> >
> > We'll spend thousands sending out kids to college but never teach them
> the
> > basics of money and not using credit for anything but a house. My parents
> > didn't teach me that, it took me over 40 years (until Feb of last year)
> to
> > really "get it" (thank you Dave Ramsey). Funny the things we think we
> *need*
> > to have. Pretty sure 99% of these items our ancestors got along just fine
> > without.
> >
> >
> >
> > Veering nearer to back on topic, adding the need for several thousand IT
> > jobs can't be a bad thing, but I am interested in hearing from IT guys in
> > the healthcare industry what obstacles need to be overcome. It's one
> thing
> > to say "digitize healthcare records", another entire to pull it off -
> there
> > must be dozens of little "gotcha's".
> >
> > David Lum // SYSTEMS ENGINEER
> > NORTHWEST EVALUATION ASSOCIATION
> > (Desk) 971.222.1025 // (Cell) 503.267.9764
> >
> >
> >
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>
> ~ Finally, powerful endpoint security that ISN'T a resource hog! ~
> ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/>  ~
>
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~ Finally, powerful endpoint security that ISN'T a resource hog! ~
~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/>  ~

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